Metro Vancouver home sales decline below historical averages in 2018

Metro Vancouver* home sales in 2018 were the lowest annual total in the region since 2000. The Real Estate Board of Greater Vancouver (REBGV) reports that sales of detached, attached and apartment properties reached 24,619 on the Multiple Listing Service® (MLS®) in 2018, a 31.6 per cent decrease from the 35,993 sales recorded in 2017, […]

Metro Vancouver homes sales down across all property types

Home buyer demand remains below long-term historical averages in the Metro Vancouver* housing market. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales totalled 1,608 in the region in November 2018, a 42.5 per cent decrease from the 2,795 sales recorded in November 2017, and an 18.2 per cent decrease compared […]

The 24th annual REALTORS Care® Blanket Drive is underway

Today marks the beginning of the 24th annual REALTORS Care® Blanket Drive – the largest and longest running program of its kind in the Lower Mainland. Realtors across the region are working with their clients to coordinate thousands of donations of blankets, sleeping bags, warm winter clothing, and new socks and underwear for those in […]

REALTORS Care® Blanket Drive begins November 13

The 24th annual REALTORS Care® Blanket Drive kicks off November 13 to collect warm winter clothing for those in need across the Lower Mainland. The REALTORS Care® Blanket Drive is the largest and longest running blanket drive in the Lower Mainland. Source: REBGV

Home listings at four-year October high as sales remain below typical levels

  Home sale activity across Metro Vancouver* remained below long-term historical averages in October. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,966 in October 2018, a 34.9 per cent decrease from the 3,022 sales recorded in October 2017, and a 23.3 per cent increase compared […]

Commercial real estate sales down, prices up in the Lower Mainland

The commercial real estate market in the Lower Mainland continued to see fewer transactions in the second quarter (Q2) of 2018 compared to recent years. There were 569 commercial real estate sales in the Lower Mainland in Q2 2018, a 16.3 per cent decrease over the 680 sales in Q2 2017, according to data from […]

Home buyer demand stays below historical averages in August

The Metro Vancouver* housing market continues to experience reduced demand across all housing types. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,929 in August 2018, a 36.6 per cent decrease from the 3,043 sales recorded in August 2017, and a 6.8 per cent decline compared […]

Housing supply up, demand down across Metro Vancouver

July’s residential housing sales in Metro Vancouver* reached their lowest levels for that month since the year 2000. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,070 in July 2018, a 30.1 per cent decrease from the 2,960 sales recorded in July 2017, and a decrease […]

Home seller supply grows as demand declines

With home sale activity dipping below long-term historical averages, the supply of homes for sale in Metro Vancouver* reached a three-year high in June. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,425 in June 2018, a 37.7 per cent decline from the 3,893 sales recorded […]

Commercial real estate sales down from robust 2017 activity

Commercial real estate sales in the Lower Mainland declined in the first quarter (Q1) of 2018 compared to the active market experienced in the region last year. There were 523 commercial real estate sales in the Lower Mainland in Q1 2018, a 10.8 per cent decrease over the 586 sales in Q1 2017, according to […]

Reduced demand is allowing housing supply to accumulate

Home buyer demand continues to decline across the Metro Vancouver* housing market.  The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,833 in May 2018, a 35.1 per cent decrease from the 4,364 sales recorded in May 2017, and a 9.8 per cent increase compared to April […]

Home sales down, listings up across Metro Vancouver

The Metro Vancouver* housing market saw fewer home buyers and more home sellers in April. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,579 in April 2018, a 27.4 per cent decrease from the 3,553 sales recorded in April 2017, and a 2.5 per cent increase […]

REALTOR® honoured for work with at-risk youth

The Real Estate Board of Greater Vancouver (REBGV) honoured REALTOR® John Patricelli with the 2017 REALTORS Care® Award for his dedication to helping at-risk youth. The REALTORS Care® Award is presented annually to Realtors in Metro Vancouver who demonstrate a sustained commitment to charitable, fundraising, or volunteer activities that strengthen communities and support people most […]

West Vancouver REALTOR® awarded profession’s highest honour

The Real Estate Board of Greater Vancouver (REBGV) honoured REALTOR® and real estate broker Calvin Lindberg with the Professional Excellence Award on April 6. The award is REBGV’s highest honour.  Lindberg is the Managing Broker at Angell Hasman Realty in West Vancouver. Source: REBGV